The drafting is finished and the bill reaches parliament in October, at 1% a year on wealth above one billion forint. Hungary’s last wealth tax was struck down over the same problem the new one has yet to solve, which is how to value a stake in a private company.
Dominican citizenship has never made anyone a tax resident, so the flat 10% rate and the end of worldwide taxation reach the retirees and remote workers who move there, rather than the citizens by investment who remain abroad.
The 5% tax cleared its signature hurdle on Wednesday. A day later, its backers offered to cut the rate. Six billionaires had already left.
Now gazetted, Law No. 7582 gives new tax residents a 20-year break on foreign income, a complement to Türkiye’s US$400,000 passport.
Erdogan’s proposal clears its only substantive legislative hurdle; Turkey is about to boast one of the world’s most interesting tax exemptions.
Marco Mesina explains the intricacies of Italy’s proposed 4% flat tax, the first regime to cover the Italian pension itself.
Amendments targeting loss carry-back and startup exemptions are under development; the Dutch Senate sent 36 pages of questions to the tax minister.
44,881 impatriates. 933 foreign pensioners. Federico Salmoiraghi analyzes what Italy’s newest tax regime numbers really mean.
Six billionaires fled before the January 1 cutoff; opponents have spent US$80 million on counter-measures. The ballot fight is just beginning.
Erdogan frames the package as a bid to pull capital away from war-hit Gulf hubs; the centerpiece is a 20-year personal tax holiday.
The 2025–2026 verification cycle signals tighter administrative scrutiny of Italy’s €1.75 billion cross-border pension footprint.
Marco Mesina breaks down Italy’s expanded 7% flat tax for foreign pensioners, now covering 74 new towns across Southern Italy.
The flat tax and impatriati stack has an expiry date. Marco Mesina maps the transitional window and its limits.
The bill cleared both chambers after the longest floor debate in state history; if signed, Seattle’s combined top rate would reach 18%, the highest in the US.
Federico Salmoiraghi maps the wealth-type charges that Italian tax residents face on both foreign and domestic assets.
An American retiree in France can owe zero French income tax on her 401(k) and US dividends. Legally. Here’s how.
Only a handful of countries still tax net wealth directly, but the details vary wildly. A guide to who pays, how much, and what counts.
Think the 183 day rule lets you avoid tax anywhere? Here is why every country applies it differently.
Beijing’s tax crackdown uses AI surveillance and self-reporting to chase $940B in offshore assets, but can’t verify amounts.
Tax official exploited France’s system to sell crypto investor data including addresses and financial records.